Nasdaq double top of 2018 was ultimate flop

Although I keep defending technical analysis against “random walkers” and strict followers of fundamental analysis, I am far from blindly believing in every pattern each time it occurs. But even if you were exercising caution like me, you could hardly tame the excitement while watching Nasdaq candlestick chart in early 2018. 2017 was another race to new previously unbelievable heights and my bear bias was…